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LPM, LOGIT and PROBIT have all the same probability
Posted: Wed Nov 12, 2014 5:16 pm
by Econometrics Student
Hello guys,
I have a simple question to you,
I need to estimate three coeffficient (y=b1+b2x2+b3x3) that LPM, LOGIT and PROBIT have all the same probability. Do you know how I do that?
Thanks for your help,
Regards.
Re: LPM, LOGIT and PROBIT have all the same probability
Posted: Sun Nov 16, 2014 11:32 am
by Econometrics Student
Someone, please?
Re: LPM, LOGIT and PROBIT have all the same probability
Posted: Sun Nov 16, 2014 11:52 am
by startz
I don't believe it's possible. Maybe you could explain further.
Re: LPM, LOGIT and PROBIT have all the same probability
Posted: Mon Nov 17, 2014 4:01 am
by Econometrics Student
I estimated for a simple model (y=b1+b2x2+b3x3) LPM, LOGIT and PROBIT.
After that, i have to estimate a model that: P is the probability of the event "Y=1 "estimated under the condition:
be identical for all individuals in the sample. So, I have to determine the estimates of the coefficients in each of the three classes of such models.
Can you help me?
Thank you.
Re: LPM, LOGIT and PROBIT have all the same probability
Posted: Mon Nov 17, 2014 5:21 am
by trubador
I am not sure, but it sounds like you are asked to estimate a constant probability model that includes only the intercept term (i.e. y = b1).